Stock Market Update

15-Nov-24 11:45 ET
Treasury yields move down slightly after 10-yr hit 4.50%
Dow -342.56 at 43408.30, Nasdaq -392.65 at 18715.02, S&P -76.84 at 5872.34

[BRIEFING.COM] The S&P 500 trades 1.1% lower and the Dow Jones Industrial Average sports a 0.6% decline. 

Mega caps and semiconductor stocks have extended losses, but the broader equity market is holding up okay. The Invesco S&P 500 Equal Weight ETF (RSP) shows a 0.7% decline.    

Treasury yields moved lower after spiking initially in response to this morning's economic data. The 10-yr yield hit 4.50% earlier, but sits at 4.47% now. The 2-yr yield hit 4.37% earlier, but sits at 4.32% now. 

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